Just thought I'd post this:- Could be tied to this no way minres...

Just thought I'd post this:-

Could be tied to this no way minres can buy the Portland 11mt facility without known low cost iron ore to replace the phaseout of koolyanobbing at best koolyanobbing is breakeven so article is right to say the port facilities are what's valuable it saves on build time which you just can't afford in current market. No doubt the Carina deposit is good for more than 1.2mtpa But not 11mt maybe minres is FAS white knight for 50% of the spoils but 2 years build time so they'd have to tide themselves over with koolyanobbing for a while.

https://au.news.yahoo.com/thewest/wa/a/30693454/minres-eyes-savings-at-esperance/